Exxon Mobile, the world’s biggest publicly traded company (no offense, VW) today announced their biggest US quarterly profit EVER. With the way the economy has been working it’s course this year, as the biggest banks are either going under or are being taken over, thousands are being forced to evict their foreclosed homes, inflation doubling while the GDP is shrinking, and so many more things going wrong with the economics of this country, am I alone to think that there’s something grossly wrong with the Exxon’s apparent “accomplishment”?

I mean, really. I want to hear someone spinning the current oil/gas price situation as an artifact of supply and demand, which, as far as I know, fundamentally are the backbone of a market or a country’s economy? Either that, or Dr. Moliver and Dr. Aslanbeigui did an aweful job in teaching me the concepts of micro and macro economics back when I was in college, respectively.

On the contrary, I don’t believe it’s speculation, or market correction. But instead, it’s sheer price fixing by the Exxon’s and Shell’s (OPEC?) of the world. They have their balance sheets to show for it, too.